Form 4: Parsons Corp Executive Balaguer Receives Stock Award

Susan M. Balaguer, Chief Human Resources Officer at Parsons Corporation, reports the acquisition of 2,685 shares of common stock through a restricted stock unit (RSU) award.

Summary

• Susan M. Balaguer, Chief Human Resources Officer of Parsons Corporation, filed a Form 4 on February 28, 2024, reporting a transaction on February 26, 2024.
• Balaguer acquired 2,685 shares of Parsons Corp common stock through an award of restricted stock units (RSUs).
• The RSUs were granted at a price of $0.00 per share.
• These RSUs vest in three equal annual installments starting March 10, 2025.
• Following the reported transaction, Balaguer directly owns 37,254 shares of common stock and indirectly owns 948.553 shares through an ESOP.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of stock award to an executive, which is neither overwhelmingly positive nor negative.

Positives

• The acquisition of shares by a company executive can be seen as a positive sign, indicating confidence in the company's future performance.

Future Outlook

The RSUs will vest in three equal annual installments beginning on March 10, 2025, indicating a long-term incentive for the executive.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. They are closely watched by investors for insights into management's views on the company's stock.

Stakeholder Impact

• The stock award aligns the executive's interests with those of the shareholders, potentially incentivizing performance that benefits the company.

Key Dates